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PSB Industries (LTS:0IIA) ROE % : -41.10% (As of Dec. 2020)


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What is PSB Industries ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PSB Industries's annualized net income for the quarter that ended in Dec. 2020 was €-47.2 Mil. PSB Industries's average Total Stockholders Equity over the quarter that ended in Dec. 2020 was €114.9 Mil. Therefore, PSB Industries's annualized ROE % for the quarter that ended in Dec. 2020 was -41.10%.

The historical rank and industry rank for PSB Industries's ROE % or its related term are showing as below:

LTS:0IIA's ROE % is not ranked *
in the Packaging & Containers industry.
Industry Median: 6.36
* Ranked among companies with meaningful ROE % only.

PSB Industries ROE % Historical Data

The historical data trend for PSB Industries's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PSB Industries ROE % Chart

PSB Industries Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.23 7.51 52.72 7.63 -35.73

PSB Industries Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.74 5.86 10.04 -31.46 -41.10

Competitive Comparison of PSB Industries's ROE %

For the Packaging & Containers subindustry, PSB Industries's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PSB Industries's ROE % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PSB Industries's ROE % distribution charts can be found below:

* The bar in red indicates where PSB Industries's ROE % falls into.



PSB Industries ROE % Calculation

PSB Industries's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=-45.592/( (152.468+102.732)/ 2 )
=-45.592/127.6
=-35.73 %

PSB Industries's annualized ROE % for the quarter that ended in Dec. 2020 is calculated as

ROE %=Net Income (Q: Dec. 2020 )/( (Total Stockholders Equity (Q: Jun. 2020 )+Total Stockholders Equity (Q: Dec. 2020 ))/ count )
=-47.216/( (127.018+102.732)/ 2 )
=-47.216/114.875
=-41.10 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2020) net income data. ROE % is displayed in the 30-year financial page.


PSB Industries  (LTS:0IIA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=-47.216/114.875
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-47.216 / 100.186)*(100.186 / 276.4165)*(276.4165 / 114.875)
=Net Margin %*Asset Turnover*Equity Multiplier
=-47.13 %*0.3624*2.4062
=ROA %*Equity Multiplier
=-17.08 %*2.4062
=-41.10 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=-47.216/114.875
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-47.216 / 8.524) * (8.524 / 0.074) * (0.074 / 100.186) * (100.186 / 276.4165) * (276.4165 / 114.875)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -5.5392 * 115.1892 * 0.07 % * 0.3624 * 2.4062
=-41.10 %

Note: The net income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


PSB Industries ROE % Related Terms

Thank you for viewing the detailed overview of PSB Industries's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


PSB Industries (LTS:0IIA) Business Description

Traded in Other Exchanges
N/A
Address
Park Nord Immeuble Les Pleiades n 21, Route de la bouvarde, Metz-Tessy, FRA, 74370
PSB Industries SA is a holding company, which engages in the packaging of specialty chemicals and cosmetics. It operates its business through the following segments: Luxury and Beauty, Food and Distribution, Specialty Chemicals and Healthcare and Industry. The Luxury and Beauty segment specializes in plastic injection and finishing for the cosmetics and perfume industry. The Food and Distribution segment specializes in the design and manufacture food tray, blister pack, thermoformed packaging. The Specialty Chemicals segment specializes in the production of powders and liquids based on ultra-pure alumina. Healthcare and Industry segment focuses on a primary and secondary market. Most of its revenue is generated in France.

PSB Industries (LTS:0IIA) Headlines

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